The acquisition of 1st United Bancorp (FUBC) by Valley National Bancorp (VLY) for $312 million in an all stock deal. Under the terms of the agreement, shareholders of 1st United Bancorp will receive 0.89 shares of Valley National Bancorp common stock for each share of 1st United common stock. In the event Valley’s average share price during the 20 business day period ending 5 days prior to closing is less than $8.09, then Valley will increase the 0.89 exchange ratio so that 1st United shareholders receive $7.20 in Valley common stock or $7.20 in Valley common stock and cash for each 1st United share they hold. In the event Valley’s average share price during the 20 business day period ending 5 days prior to closing is greater than $12.13, then Valley will decrease the 0.89 exchange ratio so that 1st United shareholders receive $10.80 in Valley common stock for each 1st United share they hold.

The acquisition of Chelsea Therapeutics International (CHTP) by H. Lundbeck A/S for $658 million. Under the terms of the agreement, shareholders of Chelsea Therapeutics International will receive $6.44 per share in cash and CVRs that may pay up to $1.50, for a total potential consideration of up to $7.94 per share.

Deal Updates:

On May 9, 2014, Tower Group (TWGP) revised its merger terms with ACP Re. Tower Group’s shareholders will now receive $2.50 in cash compared to the prior agreement of $3.00 per share cash payment.The time limit for finalization of merger has been extended to November 15, 2014.

Expected to close in the second quarter of 2013 for a closing value of $893.6 million. Upon completion of the merger, shareholders of WSP Holdings will receive $3.20 per share in cash.

Update(s):

On August 15, 2013, WSP Holdings Private Limited announced that the parties to the going private transaction of the Company have amended the Agreement and Plan of Merger (the “Merger Agreement”) to extend the termination date to December 31, 2013.

On March 19, 2014, WSP Holdings Private Limited (WH) announced that the parties to the going private transaction of the Company have amended the Agreement and Plan of Merger (the “Merger Agreement”) to extend the termination date to May 31, 2014.

Expected to close in the third quarter of 2014 for a closing value of $658 million. Upon completion of the merger, shareholders of Chelsea Therapeutics International will receive $6.44 per share in cash and CVRs that may pay up to $1.50, for a total potential consideration of up to $7.94 per share.

Expected to close in the first quarter of 2014 in an all stock deal. Under the terms of the agreement, shareholders of Syntroleum Corporation will receive 0.3809 shares of REG common stock for each outstanding share of Syntroleum common stock.

Expected to close in the summer of 2014 for a closing value of $172.1 million. Upon completion of the merger, shareholders of Tower Group International will receive $3.00 per share in cash.

Update(s)

May 9, 2014: Tower Group revised its merger terms with ACP Re. Tower Group’s shareholders will now receive $2.50 in cash compared to the prior agreement of $3.00 per share cash payment.The time limit for finalization of merger has been extended to November 15, 2014.

Expected to close in late third or fourth quarter of 2014 for a closing value of $17.9 million. Upon completion of the merger, shareholders of First Financial Service will receive 0.153 shares of CBIN common stock.

This exchange ratio is subject to adjustment based on conditions related to the book value of First Financial and the ability of the company to gain $3 million from specifically identified special assets.

Expected to close in the third calendar quarter of 2014 for a closing value of $5.6 billion in a cash plus stock deal. Under the terms of the agreement, shareholders of Questcor Pharmaceuticals will receive $30.00 in cash and 0.897 Mallinckrodtshares for each share of Questcor common stock they own.

Expected to close in the first quarter of 2014 for a closing value of $265.7 million in a cash plus stock deal. Under the terms of the agreement, Home Federal Bancorp shareholders will receive approximately $8.3368 in cash and 1.6776 shares of Cascade Bancorp common stock per share held.

Expected to close early in the fourth quarter of 2014 for a closing value of $312 million in an all stock deal. Under the terms of the agreement, shareholders of 1st United Bancorp will receive 0.89 shares of Valley National Bancorp common stock for each share of 1st United common stock.

In the event Valley’s average share price during the 20 business day period ending 5 days prior to closing is less than $8.09, then Valley will increase the 0.89 exchange ratio so that 1st United shareholders receive $7.20 in Valley common stock or $7.20 in Valley common stock and cash for each 1st United share they hold. In the event Valley’s average share price during the 20 business day period ending 5 days prior to closing is greater than $12.13, then Valley will decrease the 0.89 exchange ratio so that 1st United shareholders receive $10.80 in Valley common stock for each 1st United share they hold.

Expected to close by the end of the year. Upon completion of the merger, shareholders of Safeway will receive $32.50 in cash, an estimated $3.65 in contingent value rights (based on their selling a Mexican retail chain and other real estate) and $3.95 related to a spin-off of BlackHawk Networks (a gift card company).

Update(s)

April 14, 2014: Safeway completed the distribution to its stockholders of 37,838,709 shares of Class B common stock of Blackhawk Networks Holdings, Inc. owned by Safeway. After the completion of the distribution, Safeway no longer owns any shares of Class B common stock of Blackhawk. After this spin-off, the adjusted purchase price for Safeway is $36.15 ($32.50 in cash and $3.65 in CVRs).

Expected to close late in the third quarter or early fourth quarter of 2014 for a closing value of $54.5 million in a cash or stock deal. Under the terms of the agreement, shareholders of FedFirst Financial willentitled to elect to receive $23.00 in cash or shares of CB common stock based on a fixed exchange ratio of 1.1590 shares of CB common stock for each share of FedFirst common stock, subject to proration to ensure that at closing 65% of the outstanding shares of FedFirst common stock are exchanged for shares of CB common stock and the remaining 35% are exchanged for cash.

Expected to close in the third quarter of 2014 for a closing value of $94 million in an all stock deal. Under the terms of the agreement, shareholders of OBA Financial Services will receive 1.781 shares of F.N.B. Corporation common stock for each common share of OBA Financial Services.

Expected to close in the secand calendar quarter of 2014 for a closing value of $51.2 million. Under the terms of the agreement, Jefferson shareholders will receive a total of $8.00 per share in merger consideration consisting of $4.00 in cash plus $4.00 in HomeTrust common stock. This represents approximately $51.2 million of aggregate transaction consideration. The number of HomeTrust shares to be issued will be determined based on HomeTrust’s average closing stock price during the 10 trading days ending on the fifth trading day prior to the closing date, with the exchange ratio fixed at 0.2667 if the average closing price is equal to or less than $15.00 per share and at 0.2222 if the average closing price is equal to or greater than $18.00 per share.

Expected to close in the second half of 2014 for a closing value of $3.3 billion in a stock plus cash deal. Under the terms of the agreement, shareholders of Foster Wheeler will receive 0.8998 shares of AMEC stock and $16.00 per share in cash. Separately, Foster Wheeler expects to pay a one-time dividend of $0.40 per share prior to, and not conditional on, the closing of the offer.

Expected to close in the third quarter of 2014 for a closing value of $1.8 billion. Under the terms of the agreement, shareholders of Susser Holdings Corporation can elect to receive either $80.25 in cash or 1.4506 ETP common units, or a combination of both, for each share held. The shareholder election is subject to proration to ensure that aggregate cash paid and common units issued will each represent 50% of the aggregate merger consideration.

Expected to close early in the first quarter of 2014 for a closing value of $3.7 billion in an all stock deal. Under the terms of the agreement, shareholders of Hudson City Bancorp will receive consideration valued at 0.08403 of an M&T share in the form of either M&T stock or cash.

Expected to close in the fourth quarter of 2014 for a closing value of $307 million in a cash plus stock deal. Under the terms of the agreement, shareholders of Omniamerican Bancorp will receive 0.4459 shares of Southside common stock plus $13.125 in cash for each outstanding share of OmniAmerican common stock.

Expected to close during the second or third quarter of 2014 in a ‘going private’ transaction. Upon completion of the merger, shareholders of Noah Educational Holdings will receive 2.85 per share in cash.

Expected to close in the second half of 2014 for a closing value of $3 billion in a “going private” transaction. Upon completion of the merger, shareholders of Giant Interactive Group will receive $12.00 per share in cash.

Expected to close by mid-year 2014 for a closing value of $25 billion in a cash plus stock deal. Under the terms of the agreement, shareholders of Forest Laboratories will receive $26.04 in cash and 0.3306 Actavis shares for each share of forest common stock.

Expected to close by mid-year 2014 for a closing value of $178.4 million. Under the terms of the agreement, shareholders of North Valley Bancorp will receive a fixed exchange ratio of 0.9433 shares of TriCo coomon stock in exchange for each share of North Valley common stock.

Expected to close before the first fscal quarter of 2014 for a closing value of $339 million. Upon completion of the merger, shareholders of Yongye International will receive $6.69 per share in cash.

Deal Update(s)

March 5, 2014: Yongye International (YONG), announced that it did not receive approval from at least a majority of the issued and outstanding shares of common stock of the Company for going private proposal dated on September 23, 2013 from Full Alliance International Limited consortium. Therefore, the Merger Agreement was not approved by the company’s stockholders.

Expected to close in the second quarter of 2014 for a closing value of $161 million in an all stock transaction. Under the terms of the agreement, shareholders of Teche Holding Company will receive 1.162 shares of IBKC common stock for each share of Teche common stock outstanding, subject to certain market price adjustments provided for in the merger agreement.

Expected to close in the third quarter of 2014 for a closing value of $2.8 billion in an all stock deal. Under the terms of the agreement, shareholders of Emeritus Corp. will receive 0.95 shares of Brookdale common stock in exchange for each share of their Emeritus common stock.

Expected to close in the third calendar quarter of 2014 for a closing value of $215 million. Upon completion of the merger, shareholders of R.G. Barry Corporation will receive $19.00 per share in cash.

Expected to close by the end of the year for a closing value of $1.6 billion in an all stock deal. Under the terms of the agreement, shareholders of TriQuint Semiconductor will receive 1.675 shares of RF Micro Devices common stock per share held.

This is a merger of equals deal where TQNT shareholders will receive 1.675 shares of a newly formed post-merger company and RFMD shareholders will receive 1 share. Since RFMD shareholders will receive one share of the new company for each share they hold, we are treating this merger as TQNT shareholders receiving 1.675 shares of RFMD to calculate the spread.

Expected to close in the second quarter of 2014 for a closing value of $335 million. Upon completion of the merger, shareholders of Pacer International will receive $6.00 in cash and $3.00 of XPO Logistics common stock for each share of Pacer common stock, subject to a price collar. If the average price of XPO Logistics stock during the 10 trading days prior to closing is above $32.94 per share, the stock portion will be fixed at 0.0911 shares of XPO Logistics and if it is below $23.12 per share, the stock portion will be fixed at 0.1298 shares of XPO Logistics for each share of Pacer.

Expected to close in the second quarter of 2014 for a closing value of $2.3 billion in a cash plus stock deal. Under the terms of the agreement, EPL stockholders will be able to elect, for each share held, either (i) $39.00 in cash, (ii) 1.669 common shares of Energy XXI, or (iii) $25.35 in cash plus 0.584 common shares of Energy XXI. All elections by shareholders will be subject to proration.

Expected to close in the second quarter of 2014 for a closing value of $2.7 billion. Under the terms of the agreement, shareholders of Texas Industries will receive 0.700 Martin Marietta shares for each share of Texas Industries common stock they own at closing.

Expected to close in the third quarter of 2014 for a closing value of $577 million in a cash plus stock deal. Under the terms of the agreement, shareholders of Schawk will receive a combination of $11.80 in cash and 0.20582 shares of Matthews common stock.

Expected to close prior to the end of 2014 for a closing value of $260 million in a cash plus stock deal. Under the terms of the agreement, shareholders of SWS Group will receive per share consideration of 0.2496 shares of Hilltop common stock and $1.94 of cash.

Expected to close within six months for a closing value of $323 million. Cbeyond stockholders will receive between $9.97 and $10.00 per share in cash. The exact amount will be determined based on stock transactions relating to previously granted stock awards to employees that occur after execution of the definitive agreement.

Expected to close in the first quarter of 2013 for a closing value of $151.5 million in a cash plus stock deal. Under the terms of the agreement, shareholders of Firstbank Corporation will receive a fixed ration of 1.00 share of Mercantile common stock for each share of Firstbank common stock.

In addition, Mercantile expects to pay a special cash dividend of $2.00 per share to Mercantile shareholders prior to the closing of the merger, subject to the satisfaction of the closing conditions in the merger agreement. In order to take this $2 special dividend into account, we are going to treat this as a cash plus stock deal with a cash value of negative $2.

Expected to close in the first half of 2014 for a closing value of $1.6 billion. Upon completion of the merger, shareholders of AMCOL International will receive $41.00 per share in cash.

Deal Update(s)

March 6, 2014: On March 6, 2014, the Board of Directors of AMCOL International (ACO) announced that a revised proposalreceived from Minerals Technologies (MTX) to acquire all of the outstanding shares of the Company at a price per share of $45.75 in cash constitutes a “Superior Proposal” as defined in the amended merger agreement between AMCOL and Imerys S.A. previously announced on March 4, 2014. Under the terms of the amended merger agreement with Imerys (, Imerys would have paid $45.25 per share to AMCOL stockholders.

Expected to close in the third quarter of 2014 for a closing value of $243 million in an all stock deal. Under the terms of the agrement, shareholders of ConnectOne Bancorp will receive 2.6 shares of Center common stock for each share of ConnectOne common stock.

Mr. Tianwen Liu, the Company’s CEO and the chairman of its Board of Directors, and ChinaAMC Capital Management Limited (N/A)

All Cash

N/A

$5.45

$5.48

153,843

09/30/2013

-0.55%

0.00%

Details of iSoftStone Holdings Limited

Upon completion of the merger, shareholders of iSoftStone Holdings will receive $5.85 per share in cash.

Update(s)

November 2, 2013:iSoftStone Holdings Limited (“iSoftStone” or “the Company,” NYSE: ISS), a leading China-based IT services provider, today announced that the independent committee of its board of directors (the “Independent Committee”) has received a revised offer (the “Offer”), dated November 2, 2013, from a consortium (the “Consortium”) consisting of (i) Mr. Tianwen Liu, the chief executive officer and the chairman of the board of directors of the Company, (ii) ChinaAMC Capital Management Limited (“ChinaAMC”), an alternative investment platform and an affiliate of China Asset Management (Hong Kong) Limited, and (iii) Accurate Global Limited, Advance Orient Limited and CSOF Technology Investments Limited, to acquire all of the Company’s outstanding ordinary shares not currently owned by the Consortium for $0.545 per ordinary share or $5.45 per American depositary share (“ADS,” each representing ten ordinary shares of the Company) in cash (the “Transaction”), subject to certain conditions.

Expected to close in the first half of 2014 for a closing value of $680 million in a cash plus stock deal. Under the terms of the agreement, shareholders of Taylor Capital will receive 0.64318 shares of MB Financial common stock and $4.08 per share in cash.

Expected to close in the second quarter of 2014 for a closing value of $299 million in an all stock deal. Under the terms of the agreement, shareholders of VantageSouth Bancshares will receive 0.3125 shares of Yadkin Financial Corporation common stock for each share of VantageSouth Bancshares common stock.

Expected to close in the second or third quarter of 2014 for a closing value of $1.1 billion. Upon completion of the merger, shareholsers of Furiex Pharmaceuticals will receive $95.00 per share in cash and up to $30 per share (approximately $360 million in aggregate) in a Contingent Value Right (CVR) that may be payable based on the status of eluxadoline, Furiex’s lead product, as a controlled drug following approval.

a buyer consortium (the “Buyer Consortium”) of an affiliate of TPG (together with its affiliates, “TPG”), an affiliate of Shanghai Fosun Pharmaceutical (Group) Co., Ltd. (“Fosun”), and Ms. Roberta Lipson, the CEO of the Company (N/A)

All Cash

$369 million

$19.50

$23.76

17,136

12/31/2014

-17.93%

-28.09%

Details of Chindex International Inc.

Expected to close in the second half of 2014 for a closing value of $369 million. Upon completion of the merger, shareholders of Chindex International will receive $19.50 per share in cash.